The only solution to counterfeit gold coins, if they are made of gold, is to melt them. From its inception in 1967, the 1 oz gold krugerrand was intended as a way to invest in gold. 0 bids. The krugerrand is one of the World's most famous gold bullion coins. "The Krugerrand is one of the most popular bullion coin in the world with over 46 million ounces in circulation since its inception in 1967. This was not the case with the 1967 Proof Krugerrand where the reeding was the same as the Bullion Krugerrand Gold coin and only the fields were mirror finished. Need to buy Kruger coins The chosen vehicle to drive the demand was the Krugerrand, which was developed in the 1960s by the Chamber of Mines of South Africa, working closely with the South African Reserve Bank and the South African Mint. Maybe it's the color- or something about the size that's just off. Originally minted in 1967, this beautiful Gold South African Krugerrands coin comes from the South African Mint. Gold Buyers: Precious Metal Valuation Guide! 1967 Proof: Krugerrand: 10,000 Shop Now! You'll notice that the South African mint has published data on the weight, diameter, and width of the Krugerrands in all their sizes. the following years are available 1967,1978,1984,2013,2014. all are in mint condition and come in … Somebody came to me with a 1/10 Krugerrand (1995) set in a small frame as a necklace … I have reported it to eBay. Here is an app for an iPhone which detects fake Krugerrands by its sound: http://georiot.co/45jC, Nice thread, ive just bought some krugerrands and at 40mm should be fakes etc as the real deal is 32mm approx., so ill see when they arrive and let you know. I want to create a stash for display purposes, where it is imperative the dimensions of the coin(s) are right. The idea is that such bullion will not be scrutinized much because of the brand name “Krugerrand”. https://www.kitcomm.com/showthread.php?t=40775. For a number of years, false Krugerrands were produced and manufactured in China. Definitely when it is something as important as to whether a gold coin is fake or not. Fake coins are made with Tungsten alloy To further my knowledge about the situation, I took the non-genuine Krugerrands to the refinery to be assayed by themselves. Get the best deals on krugerrand when you shop the largest online selection at eBay.com. and if not what is the actual gold content as I see it is said to be 24 k gold plated. So now he is trying to backtrack. We look forward to doing business with you. Nor are they going to be prepared to invest in the quality tooling needed. Silver Krugerrands exist only from 2017, onward to mark the 50th anniversary of the gold Krugerrand of 1967. ?? I don't believe I have a Krugerrand dated before the late 1970's. Fractional Krugerrands … For without using the Fisch name, he has nothing. The coin still remains popular with investors due to its early uptake, worldwide promotion and recognition; although nowadays it has … Perfect size and weight ?, ??????? ???? The gold bullion was first, prior to melting, surface XRF tested. The Fisch Instruments testers are sometimes available on eBay, I got mine for about 50% off retail. Just the sort of guy you want to avoid doing business with. The obverse shows the portrait of the eponymous Paulus ("Paul") Kruger (1825-1904) who was President of the South African … Yes, it is a fake. On top of that, the 1ozt Krugerrand is arguably the best seller of the gold bullion industry. To take advantage of the good name of an established brand by plagiarizing a product. $ 1969 Proof: Krugerrand: 10,000 Shop Now! Fake Krugerrand Made of Real Gold. There is no money in doing it right. A Gold Krugerrand from 1967 - the first year that the Krugerrand was minted by the Rand Refinery in Pretoria, South Africa. Prevention- a good way to avoid a fake Krugerrand in the first place is to deal with a reputable expert- ideally a coin dealer specializing Krugerrands. Close. The name is a compound of Paul Kruger, the former President of the South African Republic, and rand, the South African unit of currency. In early winter 2019, a customer brought an around (12) 1ozt Krugerrands lot for sale. Silver Bullion: .308 / 7.62 NATO Bullets, Silver Bullion: Maria Theresa Thaler Coin, Silver Buyers: Non-Silver “German Silver”, Show how to identify non-genuine and fake gold Krugerrands, What to do when presented with counterfeit gold coins, Share the experience I had with this type of gold bullion, Understand why Krugerrands are ideal bullion for counterfeiters, What to offer for real gold counterfeit gold coins, Be able to apply this knowledge to other gold bullion types, To show videos and pictures of real gold counterfeit bullion. ? I’ll defintiely keep this in mind when I start selling off some of my collection over the next few months. Those gold coins are of actually very good mintage quality, very hard to distinguish from the genuine American coins. Most likely that is why the color is off. Ray, Maybe some of you find interesting sound testing (ping/ring) of coins. Knowledge about these properties and a series of tests is what allows a buyer to identify a fake Krugerrand, even when a counterfeiter has tried very hard to make it appear genuine. Bullion coins, such as the kruger, allow investors of all budgets to buy gold. Fake Krugerrands and other gold bullion does exist, It is always a good idea to test and inspect gold bullion acquisitions closely prior to paying, Non-genuine real gold bullion is worth its scrap gold value because it has to be sent to the refinery, Remember that in the gold business “it is easy to see what you want to see rather than what is in front of you”, Do not re-sell non-genuine gold bullion – Scrap it. Stock: Notify me when back in stock. Genuine Krugerrand and Non-Genuine Krugerrand Obverse Comparison ... Mintage of the 1ozt gold Krugerrand started in July 3rd, 1967. The more I think about it, the more irritated I get. The counterfeiter is depending upon his skill and the buyer's trust, coupled without the hope that the buyer won't vet the fake. And now, along comes this opportunist who steals the design, steals the name and misrepresents his inferior knock off as the Fisch. That may be the reason the non-genuine gold Krugerrands are off color and the minting quality is for sure not up to the real thing’s standard. I posted a Krugerrand beside a Buffalo because I wanted to see if the coppery Krug and the very gold … Here is what I am in the process of putting on the website: To protect yourself, only buy The Fisch from this website. The surface had trace amounts of iron, manganese, and silver in addition to gold. I have reported him to eBay. I understand that it's not a 'Krugerrand… Although slightly heavier than one ounce (due to the copper alloy in the coin), each one contained exactly one ounce of fine gold. The counterfeiter is depending upon his skill and the buyer's trust, coupled without the hope that the buyer won't vet the fake. However, the after melt assay of all the combined mass of non-genuine Krugerrands proved to be exact 22K, of the exact Krugerrand composition of 91.6% gold, the rest only copper. There are many currently listed and seem to go from 3 quid and up to 70 quid. The 1 ounce krugerrand is made of 22 carat gold, and weighs 33.93 grams. 4. Production of American Eagles in 1986. I updated the post and the tester page to include this information, thanks for taking to the time to comment! I tested the rounds chemically, electronically, and by density. Images courtesy of Dwight Manley. The Krugerrand was the original 1oz gold bullion coin, first minted in 1967. Please note coin may exhibit slight imperfections. Gold South African Krugerrand Price Charts. How to Spot a Fake Krugerrand Identifying a fake Krugerrand is not an impossible task in fact most people can conduct some simple tests themselves and find the majority of fakes fairly quickly. ... 2016 South African Gold Krugerrand Coin Replica - Coin Non-currency Chair China Coin Egypt Replica Coin Gold Coin 4 Coin Africa Coins Old Krugerrand … The main reasons are: There is plenty of anecdotal and factual information about the mintage of real gold, not genuine gold bullion. No minimum order But he will try to continue trade on the Fisch name where he thinks he can get away with it. Most fake … The Fisch is a precision instrument with a lot of care, time and money taken in its manufacture. The effort of minting Krugerrands and other gold bullion coin features the South African Mint 1/4 1/10 gold Price... Africa 's national animal, Nearly bought 2 kruger 1 oz fakes in Durban to plagiarize made 22. Could be said, of a more pinkish/grayish hue 're going to have Fisch... 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